Today, Valeyo and Grow Technologies announced a new partnership that for the first time will allow Canadian credit unions using the Grow Platform to provide their members an integrated online lending and insurance experience.

Grow, a leading enterprise fintech providing white labelled SaaS digital banking solutions, has recently launched with several credit unions to enable online member and business account opening, AI-powered engagement solutions and online lending.

Valeyo, a leading solutions provider to the financial services industry, is working with Grow to integrate its back-end insurance engine within the online lending process, providing members the option to protect their loans at point of sale for a seamless end-to-end experience.

"Valeyo is committed to working with industry leaders like Grow to advance the conversation around lending and protection, to the benefit of our partners and their members,” says CEO Nicole Benson. “This partnership supports our growth strategy and expands our existing suite of products through complementary third-party solutions. It is perfectly placed to enable Canadian credit unions to drive business growth by helping them offer exceptional member experiences across multiple channels.”

Kevin Sandhu, CEO of Grow, says “We’re thrilled that we’ll be able to improve the financial experience of credit union members across Canada through the integration of Valeyo’s industry leading insurance offering. As a leading provider of enterprise fintech solutions, we’re excited to offer loan insurance as part of the omni-channel member experience we are building with credit union partners.”

The integrated solution will launch in late 2018.

About Valeyo:

Valeyo is a leading Canadian-based provider of insurance and delivery solutions to the financial services industry. At Valeyo our focus is on bringing together the right products, solutions and services to help our partners thrive. It’s more than a promise. It’s the foundation of how we work. And for more than 40 years, we have been creating the connections with people, partners and industry to drive collaboration, revenue growth and opportunity for all our partners. For more information, visit www.valeyo.com.

About Grow:

Grow Technologies is a leading enterprise fintech company, working with top global financial institutions to leverage cutting edge technology and advanced data analytics to reinvent the banking experience. Grow's white labeled digital banking platform harnesses the power of artificial intelligence and machine learning to build a new generation of data-driven banking products and services. For more information, visit www.poweredbygrow.com.